kvzivn
Short

GOLD Topping out?

FX:XAUUSD   Gold Spot / U.S. Dollar
This weeks closing will be the determing factor whether we are breaking out to the upside or not as this weeks closing will be a quarterly, monthly, weekly and daily closing.
The 1434 1M (6 year) Resistance should be applying heavy sell pressure. This is now a strong sell signal:

+1 Reply
kvzivn InvestingScope
@InvestingScope, you are right, its the quarterly bullish reversal as well. A closing above on Friday will confirm the uptrend.
+1 Reply
Nope.
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